Student loan interest stands out for having a lower rate, which might be attractive to many. However, there are still a couple of things to know if you consider taking a student loan. Effect...
Parents and students who are actually completing the FAFSA, and learning about financial aid may criticize themselves for not having a better college payment plan. When it comes to...
The OPR supports the IRS's strategy to improve tax law enforcement, ensuring that tax professionals meet tax practice standards and comply with the law. The OPR is the regulatory...
On September 5, 2019, the Treasury Department and the IRS released proposed regulations that would affect when taxpayers report their gross income amounts. In general, section 451...
There are some rules from section 451 (c) as amended by the TCJA, which makes available ways to have advance payment in income for the tax year that it was obtained.The amendment of...
Posted by Elliot Kravitz, ATP on 11/07/2020
College is one of the largest expenses one will incur during their lifetime. With college tuition rising steadily each year, and enrollment seeing a huge increase in the last...
An education savings bond program allows eligible taxpayers to exempt all or part of the interest earned on eligible savings bonds' redemption from gross annual income. Securities...
FAFSA is a big deal for the students who have to study further in the college. It is the financial aid for the students which they can utilize by getting help from the financial aid...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/09/2019